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Obama-Era Alumni Are Favorites for Biden’s Top Economic Posts

  • Team will need to push through huge stimulus package
  • First women favored to be chiefs of Treasury and Defense

As President-elect Joe Biden forms his cabinet, he will make it a top priority to assemble an economic team that can confront the surging unemployment and business slowdown touched off by the coronavirus pandemic.

Biden will look for a Treasury secretary and other key officials to negotiate with Congress on more stimulus, roll back some of President Donald Trump’s tax cuts and mend relations with U.S. trading partners. A few contenders have emerged to fill the top economic-policy jobs, including Federal Reserve Governor Lael Brainard for Treasury and economist Heather Boushey as director of the National Economic Council.